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IT'S OVER! This Is What's Happening With Gold Prices in 2024 - Andrew Maguire
Gold prices have recently taken a nosedive, largely due to the complex world of leveraged paper market activities. This plunge has sparked a growing fascination with tangible gold, which holds profound implications for the bustling commodity trade sector.
As we continue to witness gold prices steadily decline, it's essential to understand the factors at play. The anticipation of the U.S. central bank's commitment to maintaining higher interest rates for an extended period has contributed to monthly and quarterly declines in gold prices.
These aren't merely market-driven fluctuations; central banks have a significant hand in artificially suppressing gold prices through speculative selling. However, amidst this manipulation, a subtle shift is occurring—retail demand for gold is rising, and central banks are making strategic moves. These combined forces are gradually tightening the physical gold market, hinting at a potential reevaluation of gold's worth in the near future.
Andrew Maguire is a British commodities trader and whistleblower. He presented evidence to United States regulators alleging that fraud had been committed, and that prices in the international gold and silver markets had been manipulated. No regulatory or legal action has been taken as a result of his accusations.
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